Preparing Your Portfolio For The Next Crypto Bull Run in 2024

Bitcoin has increased by over 100% this year, but the majority of people are still unaware of it. This presents a good opportunity for you to prepare your cryptocurrency portfolio for the next bull run. If you wait until Bitcoin reaches the $100,000 mark and people start asking you about crypto again, it will be too late to prepare for the upcoming bull run. Therefore, it’s best to start planning and investing now to ensure you’re ready when the time comes.

Here are some general thoughts on preparing a crypto bull run portfolio.

Bitcoin Dominance

Don’t get me wrong here. Bitcoin is always a safe bet and belongs to every good crypto portfolio. However, if you want to see some melt-facing gains in your crypto portfolio during the next bull run then you won’t see it with Bitcoin. It is very unlikely that Bitcoin will do a 100x during the next bull run or any time soon. The market capitalization of Bitcoin is simply already so big.

If you are seeking some life-changing pumps then you have to prepare for the alt-season. During this period of the altcoin season, the prices of altcoins rise sharply compared to the price of Bitcoin.

Altcoin Season

I am unaware of the exact date when the altcoin season will begin, but understanding the flow of money that leads to the alt-season is crucial. Right now, we are already seeing money floating into Bitcoin which is the first phase. The next step on the path to alt-season is that Ethereum starts pumping and outperforming Bitcoin. During the last bull run, there were a lot of talks that Ethereum even might flip Bitcoin.

Ethereum is then used to acquire larger altcoins, especially those with strong fundamentals. Then all of a sudden all altcoins start pumping. It seems that all altcoins are starting to pump, even those shitcoins with no fundamentals at all.

Bull Run Portfolio

Knowing about the altcoin season, I would state that a bull run portfolio is something like an altcoin season portfolio. It should have a higher percentage of altcoins and a lower percentage of Bitcoin than a bear market portfolio.

I wanted to share my thoughts on how to prepare a crypto portfolio for the upcoming bull market and hope that my post was helpful to you. Choosing the right altcoins depends on your own research. In my opinion, it’s a good idea to include altcoins from different categories such as Layer 2, Oracles, or AI tokens.

I want to emphasize that my article is not intended to replace your own research. Although I may appear knowledgeable in my profile picture, I am not your financial advisor. Therefore, please do not consider my article as financial advice.

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